Vanadiumcorp Resource evaluating Lac Laura project

Executive Summary

• Vanadiumcorp Resource Inc. has released an overview of its wholly owned Lac Laura gold property in Quebec, highlighting its strategic location adjacent to the Opemiska copper-gold project and its historical exploration potential.
• The company is initiating a 2025-2026 evaluation program to reinterpret legacy data and design a work plan for 2026, capitalizing on multiyear high gold prices as part of its broader asset optimization strategy.
• While the property contains historical non-NI 43-101 compliant estimates and high-grade grab samples, the company explicitly states there is no current NI 43-101 compliant resource and investors should not rely on historical figures as current reserves.

Key Details

• Property Location & Size: The Lac Laura property is located in Levy township near Chapais, Quebec, comprising 39 mineral claims totaling 550.65 hectares, all in good standing.
• Strategic Context: The property is situated within the prolific Chapais mining district, adjacent to the historic Cooke mine (now the Opemiska copper-gold project operated by XXIX Metal Corp.). It benefits from established infrastructure including Highway 113, rail, and power.
• Geology: The property covers favorable geology of the Blondeau formation and Bourbeau intrusive suite.
• Historical Data (1997 Minnova Estimate):
  • A historical, non-NI 43-101 compliant estimate reported approximately 163,295 tonnes grading 5.83 grams per tonne (g/t) gold (Au) in the 113 North zone.
  • This estimate is not current, has not been verified by a Qualified Person, and is not treated as a current mineral resource.
• Historical Sampling Results:
  • High-grade historical grab samples included 128.5 g/t Au, 113 g/t silver (Ag), and 2.61% copper (Cu).
• Past Exploration: Historical exploration by Minnova Inc. included geophysical surveys, surface stripping, channel sampling, underground development, and diamond drilling. Vanadiumcorp acquired the property in 2007 and completed limited drilling between 2007 and 2012.
• 2020 Review: CSA Global Mining Industry Consultants conducted a data review in 2020, outlining recommendations for further exploration.
• Current Status & Future Plans: The property remains at the exploration stage with no current NI 43-101 compliant resource. Vanadiumcorp has initiated a 2025-2026 evaluation program to compile and reinterpret legacy data and design a work plan for 2026.
• Qualified Person: Andre Gauthier, PGeo, reviewed the technical information for NI 43-101 compliance regarding historical data but did not verify the historical resource estimate.

Notable Quotes

• "With gold prices at multiyear highs, the company has initiated a 2025-2026 evaluation program to compile and reinterpret legacy data and design a work plan for 2026 as part of its broader asset optimization strategy."
• "These historical figures are provided for reference only and should not be interpreted as current resources, reserves or economic projections."